ETH/BTC – 30M – BUYFurthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.02918 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.0296 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Matching Low’ candle pattern is discovered. The chart forms ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03029 |
| 2nd High | 0.02994 |
| Next High | 0.0296 |
| Current Price | 0.029580000 |
| Next Low | 0.0294 |
| 2nd Low | 0.02893 |
| 3rd Low | 0.02891 |
0.0296 – 0.02922 – 0.02994 – 0.0294 – 0.02893 – 0.02891 —
0.029560000 – 0.029670000 —
60.251095940724 – 62.736669132776 —
– —
0.0296 – 1771366500
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Matching Low – – –